Former Vice President Atiku Abubakar has paid N90 million into the account of the ADC ahead of the 2027 general election and gave a reason for the development.
Government launches the 2026 TVET Initiative, offering Nigerian youth tuition-free training, a monthly stipend, and startup kits for practical skills development.
The introduction of the Electronic Matching System by the Central Bank of Nigeria has enabled the naira to gain against the US dollar in the foreign FX markets.
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential services to millions of people without access to banking, particularly in hard-to-reach rural areas.
Air India has placed an order to buy 100 more Airbus aircraft, the Tata Group-owned carrier said Monday, in a deal aimed at bolstering its fleet and winning over flyers. Since taking over the former national carrier in 2022, the sprawling Tata Group conglomerate has sought to turn around the loss-making airline by ordering new aircraft and upgrading its existing fleet.
Thousands of Volkswagen workers walked out on Monday in the second round of strikes in the escalating conflict between unions and management over the German carmaker's drastic savings plans. The walkout was timed to coincide with the latest round of negotiations between unions and management over VW's savings plan.
Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year. "Next year we should... implement a more active fiscal policy and an appropriately relaxed monetary policy," they added.
Billie Fusto is not after a fat pay cheque: he is training to be an archivist and wants nothing more than "a quiet life" at home in Italy. "I want a quiet life, in which I don't have to worry about whether I have 15 euros to go shopping," he told AFP. "And currently, in Italy that's not guaranteed."
South Korean stocks fell more than one percent Monday as the country was racked with political uncertainty after President Yoon Suk Yeol averted impeachment following his brief imposition of martial law last week.
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture. Even before the latest turbulence, the eurozone's biggest economy was struggling with a manufacturing slowdown, and its anaemic growth rates are weighing down the broader single currency area.
The Central Bank of Nigeria (CBN) has adjusted the Customs duty rates downward from N1,588.29 per dollar to N1,533.26 following naira's gains against the USD
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